Welcome to LTP - Advanced Analytics & Business Consultancy

In the process industries, a lost minute in a setup may represent several thousand euros.

Challenge

Our client has lost in the past several commercial opportunities due to a poor resource allocation coming from a misleading planning process. In the process industries, a lost minute in a setup may represent several thousand euros due to material consumption and cause delays in the deliveries. Thus it is crucial to foresee and plan the future operations to be sure that limited resources are explored to their full potential.

After years of growth, our client was facing rising difficulty in assigning markets to factories and planning at the medium-long term the overall stock fluctuations. Clearly, this challenging problem called for a process integration from production to inventory and transportation planning.

Solution

Through a mathematical programming based approach, we are able to deliver to this client a continued service that guides the overall supply chain planning with an integrated perspective.

Complete reports on the best solutions to be taken are generated and a comprehensive set of indicators made available: delay, lost sales, color setups, process setups, transportation costs, and inventory levels.

Result

Nowadays within less than 15 minutes, our client is able to run what-if analysis, optimize current production and distribution plans for over one year and dive into the forecasted performance indicators.

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